Monthly Archives: May 2013

USD/CAD: Canadian Dollar strengthened on higher building permits data

  For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD to close at 1.0069. The Canadian building permits increased more-than-expected by 8.6% (MoM) in March, following a revised 1.5% growth recorded in the previous month. … Continue reading

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GBP/USD: UK shop prices increased at a slower pace in April, indicates BRC

For the 24 hours to 23:00 GMT, GBP fell 0.24% against the USD and closed at 1.5538. With the UK traders away from the markets yesterday for a public holiday, trading in the pair remained subdued. In the Asian session, … Continue reading

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USD/JPY: Yen reverses direction in the Asian session

  For the 24 hours to 23:00 GMT, the USD strengthened 0.25% against the JPY and closed at 99.37. In the Asian session, at GMT0300, the pair is trading at 99.04, with the USD trading 0.33% lower from yesterday’s close. … Continue reading

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Crude Oil: Trading tad lower this morning

  Crude Oil prices declined 1.00% against the USD for the 24 hour period ending 23:00GMT, closing at 95.81. Earlier in the session, oil prices rose as Middle East tensions raised supply concerns. In the Asian session, at GMT0300, Crude … Continue reading

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Silver: Silver trading lower this morning

  Silver prices declined 0.34% to the USD 24.05 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, Silver is trading at 23.76, 1.21% lower from yesterday’s close. Silver is expected to find support at … Continue reading

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Gold: Gold “bull market” intact, indicates WGC

  Gold prices traded flat against the USD in the 24 hour period ending 23:00GMT, at 1470.42 per ounce. Earlier, the yellow metal received some support after the World Gold Council (WGC) issued a bullish tone on the metal. Marcus … Continue reading

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AUD/USD: Australia’s PPI records a rise in Q12013

For the 24 hours to 23:00 GMT, AUD weakened 0.28% against the USD to close at 1.0253, after building approvals in Australia slumped 5.5% in March. LME Copper prices declined 0.1% or $4.50/MT to $6870.5/MT. Aluminium prices rose 0.8% or … Continue reading

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USD/CAD: Canada’s trade balance recorded a surplus in March

  For the 24 hours to 23:00 GMT, the USD rose 0.35% against the CAD to close at 1.0109. On economic front, Canada’s international merchandise trade balance swung to a surplus of C$24 million in March as compared to a … Continue reading

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USD/CHF: Swiss manufacturing PMI advanced in April

  For the 24 hours to 23:00 GMT, the USD rose 0.81% against the CHF and closed at 0.9348. In Switzerland’s economic news, the seasonally adjusted manufacturing PMI rose to a reading of to 50.2 in April, against the expected … Continue reading

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USD/JPY: Yen trading tad lower in the Asian session

  For the 24 hours to 23:00 GMT, the USD strengthened 0.82% against the JPY and closed at 97.95, as some positive economic data out of the US supported the greenback. Yesterday, in the US, official data revealed that the … Continue reading

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Crude Oil: Oil advanced more than 3%; trading lower this morning

  Crude Oil prices surged 3.24% against the USD for the 24 hour period ending 23:00GMT, closing at 93.87, as a drop in US jobless claims and a rate cut by the European Central Bank raised hopes for an increase … Continue reading

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